I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.
Anonymity and no strong legal or laws that do protects investors is the main reason why these scams do pop out everynow and then. They can take millions without being traced
specially on anonymous owners/team.This is why its always been important to check things first before putting funds. Whitepaper isn't a sureball thing for you to rely on even no matter how good
it is, tendency of success and failures will always vary on how the team develops it.